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• W2602895625 abstract "Akamatsu et al. (2006) proposed a new transportation demand management scheme called “tradable bottleneck permits” (TBP), and proved its efficiency properties for a single bottleneck model. This paper explores the properties of a TBP system for general networks. An equilibrium model is first constructed to describe the states under the TBP system with a single OD pair. It is proved that equilibrium resource allocation is efficient in the sense that the total transportation cost in a network is minimized. It is also shown that the “self-financing principle” holds for the TBP system. Furthermore, theoretical relationships between TBP and congestion pricing (CP) are discussed. It is demonstrated that TBP has definite advantages over CP when demand information is not perfect, whereas both TBP and CP are equivalent for the perfect information case. Finally, it is shown that the efficiency result also holds for more general demand conditions." @default.
• W2602895625 created "2017-04-07" @default.
• W2602895625 creator A5030125368 @default.
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• W2602895625 date "2017-06-01" @default.
• W2602895625 modified "2023-10-04" @default.
• W2602895625 title "Tradable network permits: A new scheme for the most efficient use of network capacity" @default.
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• W2602895625 doi "https://doi.org/10.1016/j.trc.2017.03.009" @default.
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